EPISODE 16
The Conveyance Desk por The Conveyance Desk
Notas del episodio
Welcome back to The Conveyance Desk.
In Episode 15, we covered off-plan resale. Today we're looking at Hiba transfers—the transfer of property ownership by gift between eligible family members.
A Hiba transfer allows ownership to move from one person to another without any sale price being paid. The donor gives up ownership, the donee receives ownership, and a new title deed is issued by the Dubai Land Department (DLD).
The key benefit is the reduced DLD transfer fee of 0.125% of the assessed property value (minimum AED 2,000), compared with the standard 4% transfer fee on a sale.
Who Qualifies?
Hiba is generally available between:
- Parent and child
- Child and parent
- Husband and wife
Proof of relationship is mandatory and may require attestation a ...
Palabras clave
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Sobre qué lugar trata este episodio
Administrative
Dónde está producido este episodio
Administrative